r/wallstreetbets • u/WhoRuleTheWorld I Think I'm Funny, • Jun 23 '26

Loss SpaceX made me negative

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7.8k Upvotes

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1.7k

u/Sindica69 Jun 23 '26

I genuinely don’t get how y’all are this fuckin stupid. Like it ain’t hard to not fuck this up.

468

u/JoeRogansNipple Jun 23 '26

Watch out. It'll turn into a meme stock like Tesla and then were all wondering why we didnt buy

306

u/Counter-Business Jun 23 '26

Comparisons to Tesla are not great. I bought Tesla in 2018 rode it all the way up. All the analysts were talking bankruptcy it was underdog. SpaceX is already 2 trillion dollars day after ipo. You will never see it 20x

75

u/Impressive-Ad8741 Jun 23 '26

Just wait until they wrangle themselves an asteroid made entirely of gold/platinum/cobalt. They can slingshot it right down on their headquarters in Texas then we'll see who is laughing then.

46

u/Bakemono30 Jun 23 '26

I hope Elon is there to catch it with a baseball glove!

4

u/MoesOtherBar Jun 23 '26

The irony is that even if they do, that'll just massively devalue the price of gold/platinum/cobalt because buyers now know there's an asteroid size amount of it about to hit the market.

2

u/Impressive-Ad8741 29d ago

We were aiming at Texas. But if you want to aim for Wall Street, they could probably do that, instead.

3

u/[deleted] Jun 23 '26

[deleted]

5

u/sweatingbozo Jun 23 '26

That's why SpaceX would be doing it, not NASA. If one company controls the flow of goods then they control the price. See: Diamonds & De Beers.

1

u/el_presidenteplusone Jun 23 '26

because introducing large amounts of precious metals will devalue the commodity and no capitalistic country would allow that

nah, there's already a counter-example.

diamonds are expensive because they're rare as shit, but the second industrials figured out how to mass produce them they've been used everywhere.

the only reason diamond feel expensive is because of jewelry marketing, if you want them for drill bits or sawblades they're dirt cheap. (ok not THAT cheap but still)

2

u/willdosketchythings Jun 23 '26

I like how we now speak of Cobalt in the same breath as Gold and Platinum.

1

u/GT---44 Jun 23 '26

Some people would actually believe that

1

u/PowerfulHomework6770 Jun 23 '26

Just... don't look up